President Luiz Inacio Lula da Silva of Brazil announced a strategic plan to integrate Brazil into OPEC+, a coalition of 23 oil-producing nations.
This move aims to pivot these nations toward renewable energy sources. Last Thursday, Brazil signaled its readiness to join OPEC+, marking a significant shift in its energy policy.
Speaking at the COP 28 UN climate conference in Dubai, President Lula highlighted the importance of this step.
He emphasized the need for oil-rich countries to prepare. . .